The gutting is on this basis:
https://asic.gov.au/regulatory-reso...t-can-you-disclose-without-reasonable-grounds
This would be in relation to using the Western Zone.
I suppose the company had two choices. Do all the modelling on the existing JORC which isn't what they would be doing in reality or do the modelling based on the inclusion of the western zone which is more practical. However it doesn't meet the confidence intervals required by the ASX/ASIC.
From my point of view the game plan would have to be to JORC the western zone ASAP and then release the numbers that had to be extracted from this doc. It's unfortunate that this is how it will play out.
Ann: Positive Scoping Study Completed on Opuwo Cobalt Project, page-101
-
- There are more pages in this discussion • 576 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $33.99M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $52.88K | 3.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2423877 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5743736 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CLA (ASX) Chart |